#AIEye
#Podcast 747: #Stocks discussed: (NasdaqGS: $WFRD) (NasdaqGM: $JG) (OTC: $KNCAY)
Weatherford International Signs AI Agreement with
DataRobot, and Aurora Mobile to Improve Konica Minolta’s User Engagement with
AI
Global
#AI #Software Market to Reach Nearly $1.1T by 2032
Vancouver, Kelowna, Delta, BC – December 29,
2022 – Investorideas.com,
a global investor news source covering Artificial Intelligence (AI) brings
you today’s edition of The
AI Eye-watching
stock news, deal tracker and advancements in artificial intelligence
Today’s podcast is sponsored by Fintech
Company AppTech Payments Corp. (NasdaqCM:APCX).
Listen
to today’s podcast:
https://www.investorideas.com/Audio/Podcasts/2022/122922-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2022/artificial-intelligence/12291WFRD-JG-KNCAY.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and
advancements in artificial intelligence
Stocks
discussed: (NasdaqGS:WFRD) (NasdaqGM:JG) (OTC:KNCAY)
Weatherford International (NasdaqGS:WFRD) has signed a multi-year agreement
with artificial intelligence firm DataRobot, to deliver advanced AI solutions
in its digital platforms, including the ForeSite production optimization and
Centro well construction platforms. Matt Foder, Senior Vice President of
Innovation and New Energy at Weatherford, said:
“We
began our Industry 4.0 journey in 2017 by introducing our first AI/ML-based
modules in our software platforms. This agreement with DataRobot adds a solid
foundation to operationalize and scale these modules and those of our
customers, providing incremental value across the energy industry space. This
collaborative innovation is aligned with our promise of delivering open and
flexible digital platforms to our users.”
Customer engagement and marketing
technology services provider Aurora Mobile Limited (NasdaqGM:JG) has signed a strategic agreement
with Japanese tech giant Konica Minolta, Inc. (OTC:KNCAY), wherein Aurora will
help Konica Minolta improve user engagement and interaction with its leading
notification messaging services. This, according to the press release, will see
Aurora “leverage its artificial intelligence (AI) driven technology, machine
learning-based notification messaging services and intelligent operational analytics,
to help Konica Minolta carry out multi-channel user reach and engagement.”
Global
AI Software Market to Reach Nearly $1.1T by 2032
A report published by Precedence Research
finds that the global AI Software market is projected to grow from $138.4
billion USD in 2022 to nearly $1.1 trillion by 2032, registering a compound
annual growth rate (CAGR) of 22.97 percent in the forecast period 2023-32. The
following excerpt from the report’s description outlines the role of AI in the
software space:
Considering the advancement in technology all over the
globe, many businesses in multiple sectors have adopted artificial intelligence
software to enhance their performance and to get better insights into the
business. Due to the rising demand for artificial intelligence software, the AI
software market is likely to grow in the forecast period of 2022-2030.
Artificial
intelligence software is integrated into various sectors such as banking, IT
& telecommunication, automotive, healthcare, and many others. With its
capacity to detect threats, artificial intelligence software is primarily used
in banking, retail, and IT & telecommunication sectors to protect against
cyber threats to consumers.
Sam Mowers, Investorideas.com
Read and hear
other editions of the AI Eye
For a list of
artificial intelligence stocks on Investorideas.com visit here
Podcast sponsor:
AppTech Payments Corp. (NasdaqCM:APCX) is an innovative
Fintech company whose mission is to deliver a better way for businesses to
provide their customers with immersive commerce experiences. Commerse™, its
all-new, patent-backed technology platform powering seamless omni-channel
Commerce Experiences-as-a-Service (CXS), drives highly secure, scalable,
cross-border digital banking, text-to-pay, crypto payments and merchant
services altogether from a single, unified stack designed to increase
operational efficiencies and growth for businesses while providing the economic
convenience that their customers demand from today’s commerce experiences. For
more information, visit apptechcorp.com.
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